India's trade deficit widens to $14.88 bn in December

India's trade deficit widened to $14.88 billion from $13.83 billion in the previous month, government data showed on Monday. Merchandise exports for December rose 12.36 per cent from a year ago to $27.03 billion. Goods imports last month were $41.91 billion, a gain of 21.12 per cent from a year ago, data from the commerce and industry ministry showed.